Skip to main navigation Skip to search Skip to main content

Forecasting and inventory model with Vertex (IA) to increase textile demand fulfillment

  • Universidad Peruana de Ciencias Aplicadas
  • Universidad Piloto de Colombia

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

Textile companies require engineering models that allow them to improve demand planning to reduce inventory breakage. The textile sector represents 8% of the participation of the manufacturing sector, which represents 12.5% of GDP, with the demand for textile garments standing out. Likewise, the article contributes to companies dedicated to the textile sector by implementing engineering and technology tools that improve logistics processes to avoid the risk of inventory breakage and non-compliance with textile demand. The research work was developed in a textile factory incorporating standardized work, forecast model, inventory model and Vertex Artificial Intelligence to achieve the reduction of root causes (non-compliance with the dispatch of raw materials, errors in the registration of inventory and its low levels of inputs). The results of the diagnosis were obtained by the implementation of qualitative (VSM) and quantitative tools (Control limit) of which 53%, 21% and 26% represented. This is expected to demonstrate the viability of engineering tools complemented by predictive technologies to improve the company’s logistics process. The proposed model will be validated by the systematic review of the literature of cases related to inventory and predictive tools supported by AI with the aim of being referenced in the expected goals such as the increase in stock.

Original languageEnglish
Title of host publicationICIBE 2024 - 10th International Conference on Industrial and Business Engineering
PublisherAssociation for Computing Machinery, Inc
Pages216-222
Number of pages7
ISBN (Electronic)9798400710742
DOIs
StatePublished - 28 Apr 2025
Event10th International Conference on Industrial and Business Engineering, ICIBE 2024 - Bangkok, Thailand
Duration: 20 Dec 202422 Dec 2024

Publication series

NameICIBE 2024 - 10th International Conference on Industrial and Business Engineering

Conference

Conference10th International Conference on Industrial and Business Engineering, ICIBE 2024
Country/TerritoryThailand
CityBangkok
Period20/12/2422/12/24

Keywords

  • Demand-fullfilment
  • Forecast Model
  • Inventory Model
  • Vertex (AI)

Fingerprint

Dive into the research topics of 'Forecasting and inventory model with Vertex (IA) to increase textile demand fulfillment'. Together they form a unique fingerprint.

Cite this